Commercial LPG Gets Costlier as Price Rises by ₹195.5 Amid Global Oil Worries
Commercial LPG prices have increased sharply in India as global oil markets remain unstable. State-run oil companies raised the price of a 19-kg commercial LPG cylinder by ₹195.5 on Wednesday. The hike comes amid rising crude oil prices and growing concerns over global fuel supply disruptions.
19-kg Commercial LPG Cylinder Now Costs ₹2,078.50 in Delhi
After the latest revision, the price of a 19-kg commercial LPG cylinder in Delhi has reached ₹2,078.50, reports said. This increase may hit restaurants, hotels, and small businesses that depend on commercial gas cylinders for daily operations. Many traders expect higher operating costs in the coming days.
Domestic LPG Prices Stay Unchanged After March 7 Revision
Domestic LPG cylinder prices have not changed in this revision. Oil companies last revised household LPG rates on March 7, when they increased prices by ₹60 per 14.2-kg cylinder. At present, a 14.2-kg domestic LPG cylinder costs ₹913 in Delhi, according to reports.
Oil Companies Revise LPG Rates Monthly
Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise LPG prices on the first day of every month. They decide the new rates based on international crude oil prices and foreign exchange movements. With global oil prices rising again, commercial fuel rates may remain under pressure in the coming weeks.nd foreign exchange fluctuations. With international crude prices remaining unstable due to geopolitical tensions, fuel costs in India may continue to face pressure in the coming weeks.
